/biz/ - Business & Finance

>>20708509
you are right in the sense that for ample being stable, it would need billions in liquidity
now the question is if it will survive until we get there, for now we survived 2 big cash outs, if the fomo keeps buying every dip, I dont see this stopping anytime soon

>>20708568
>>20708509
Whales determine whether or not AMPL will succeed. They have no reason to not want it to succeed.

If whales iron hand and provide liquidity until $10B+ marketcap, AMPL can settle at $1 and do its job
If whales blow the party early, we could death spiral.

Press P to pray to whales to keep the show going long enough for AMPL to stabilize at $1 at a multi-billion dollar marketcap
P

>>20708509
bump

>>20708600
>>20708568
lets assume it does become stable. what happens after that? i think it will be a series of plateaus - as it gets more and more ingrained in DeFi

>>20708640
Yes. If it becomes a stable currency at, lets say $10B marketcap and flips Tether
Then it will likely only ever increase over time as more people turn to AMPL for a stablecoin with immense liquidity.

>>20708509
The thing is, when AMPL reaches that point, it will not only be attractive to the DeFi world - but will also be a better store of value for everyone else, because it is resistant to inflation.

I think we'll see everyone using this over Tether and USDC, even though you can't technically call Ambleforth a stablecoin. At least, I can tell you right now - that if I had to essentially have the equivalent of a "Bank account" in a crypto currency, this would be the one. The potential is just undeniable.

>>20708640
it would still keep increasing mc steadily, because it would be a dream for whales, a coin that will always hold the value of 2019 dollar, a safe port, providing fuel to every other coin in the defi ecosystem, even coins outside of it, and also would kill any other stable coin at this point

>>20708509
>>20708750
I forgot to add this to my post:

>THE REAL GOAL WILL BE TO STABILIZE WITH THE DEFI MARKET

It actually isn't. The developers themselves say, that the end goal of Ambleforth is to become a better money. Literally what Satoshi envisoned as peer-to-peer electronic cash.

>>20708600
>>20708677
checked.
it just seems like a forgone conclusion (aside from it failing - but if the tech is sound and the community ad the market) i just dont see it not becoming that. which makes me suspicious lol
>>20708750
this is always in the back of my mind with my stack. like do i even need to sell it? or is it better to just keep it considering the larger economy is going to shit.
>>20708764
the only thing to worry about is ethereum
>>20708927
but these are not exclusive. i think becoming better-money is a much bigger goal but reaching equilibrium with blank market is the mechanism

>>20709085

>but these are not exclusive.
Definitely true, I guess I just see it as an inevitability. A stop on the way, if you will.

>the only thing to worry about is ethereum
Luckily AMPL is blockchain agnostic.

IM NEVER SELLING MY FUCKING AMPIES
EVER YOU MOTHER FUCKERS

>>20709295
>I just see it as an inevitability.
i have to check myself alot on this. its incredible and ... so unprecedented. my mind is trying stay grounded lol

I can’t take this shit anymore i was here whrn this was shilled at 15M$ i went full on akro instead. Took a loss and fomoed back in ampl 2 weeks later at 100m$. Could have been a millionaire by now

>>20708509
You're just as retarded as everyone else here. At $1 everyone sells their stacks of millions to who?

Sell pressure pushes price below $0.96 and now you're going to get buyers who buy into negative rebase ? You guys are actual morons

>>20709618
>At $1 everyone sells their stacks of millions to who?
And how many rebase cycles from now will that be?

>>20709618
>nobody buys USDC, USDT, BUSD, DAI, or any of the other 300 stablecoins
there there, retard. don't hurt yourself thinking about it too hard.

>>20709618
>At $1 everyone sells their stacks of millions to who?
to the rest of the market. im not saying 100% are gonna leave in one instance. why would you think that?
>Sell pressure pushes price below $0.96 and now you're going to get buyers who buy into negative rebase ?
well yes. assuming that AMPL has proved itself. why wouldn't you buy something that is a $1 at .90c? the only way people dont buy is if they lose faith in AMPL - which can happen - since this is just an experiment

frens is it only worth adding to the uniswap liquidity pool if I'm gonna put the resulting UV2 tokens in the geyser? Is there any benefit to hodling AMPL/ETH liquidity over just hodling AMPL?

>>20709746
heres the redpill
AMPL go up more in USD: better to hold AMPL
AMPL go down more in USD: better to provide liquidity and use geyser

So, if for the next week AMPL slowly drops from 2.70 to 1.50s or even $1, then it will have been better to provide liquidity and use the geyser

If in the next week for some reason (coinbase listing, binance listing, whales doing another retard pump for mega rebase) AMPL goes $3 or higher, it is better to be holding AMPL. Impermanent loss will buttfuck you in this scenario, if you provide liquidity.

>>20709746
the benefit is that you are shielded from negative rebases and dumps. since ETH. but if you think this will for to x billion without a neg rebase then its better to hold IMO

>>20709712
You guys are the rest of the market

>>20709587
In a sense there isn't.
AMPL is more liquid in the crypto space.
AMPL puts BTC to work.
If someone had a billion worth of AMPL.
Staking; putting that money into the ecosystem will net GAINZ unheard of vs just sitting on BTC

>>20709810
>will for to x billion
will go up to a x billion MC*

>>20709815
no shit. we are the market. thats how it works. but its not JUST us. there are thousands more

>>20709704
It's not a stable coin

>>20709800
>>20709810
thanks guys that actually helps a lot

>>20709863
Hurrr thousands more hirrrr. Where is this 500million dollars in buy orders going to come from to make your paper gains come true ?

If I buy a stable coin , I know that I'm getting fair value. If I buy AMPL, my entire holdings could vaporize from negative rebases and take months to equalize back to $1

>>20709908
someone literally just bought half a million dollars worth on uniswap 6 minutes ago.

you are going to kill yourself for missing this, anon

>>20709908
>what is time
either retard or trolling

>>20709935
The whales are pumping it up and a monumental dump is on the horizon. Prepare for entry

We just got to #29 on Nomics.
Just passed ZCash. 650mm

>>20710033
its hilarious because I know that even IF ampleforth hit a $10B marketcap and stabilized itself to $1 there
you would never admit you were wrong. you have too much of an ego to be an investor.

>>20709618
Listen. At 1 USD, this becomes a better store of value than USDC and Tether. Everyone will use AMPL instead of these - because both of THESE are subject to inflation, where AMPL is not.

It is ALSO WHY this is not a ponzi scheme, because the people who 'get in' at a very, very, very, very high market cap STILL benefit from the store of value that the elasticity of the currency will provide.

I understand that /biz/ has been conditioned by PnD's over the last three years, but this is LITERALLY MONEY 2.0, and it is right in front of you.

>>20710627
I forgot to add:

This is why people won't be dumped on. There will simply be too many buyers to move the price. Everyone benefits from using AMPL. It is genius.

>>20708600
Are you stupid ? Do you think the price can't go under $1 or something. You guys are at peak delusion right now

>>20710766
if you look at the investor pool on etherscan, they are fucking around with paying their investors manually whenever they fucking want. it's already an hour late for this month. last time they were 4 days late, usually one hour to 8 hours late. so yeah, investor payment does not happen via smart contract, and this is the first investor payment since it went up 100x, so they manually control when the giant dump happens.

so next crash anywhere between next minute and next 4 days, statistically speaking. kek. be careful anons

not sure how this fuckery is allowed when it could be automated, but apparently it is

granted, most of the investor wallets that are big enough to matter have only sold little or hodld so far, but there are a few jumpy ones that sell every damn time, and the amount they will be getting this time will be pretty

>>20710766

when do you think this is going to happen? Have you spend more than 30 seconds on 4chan researching why this isn't likely to happen right now?

>>20710952
Who cares? It will be 10m AMPL I think, that's literally dog shit at this point.

>>20711217
a 500 mio usd buy just pumped price by $0.13 in one second and you think 30 mio usd released to investors in one second will not have an effect?

>>20711258
uhh 500k usd buy, not mio.
an hour ago or so.

>>20711258
Did you not see the turbulence caused by the 400m to 300m dump? New buyers and whales shot the price back in past 400m in less than 24 hours. I'm sorry you're incredibly stupid, there is no cure.

>>20711365
yeah, and you don't want to profit from the next time that happens?

welp, whatever, i will enjoy the wojaks that sell the bottom